Post
Topic
Board Announcements (Altcoins)
Re: [ANN] WHISKYTOKEN The First Whisky Based Cryptotoken
by
davychto78
on 15/12/2018, 08:16:16 UTC
hey Wink thats me again do you know how their business model exactly works? I understand that risk free but they need to earn money from what?? 95% is whiskey 5% is storage where is the benefit for them??

As is is written in wp

The WHYTOKEN GmbH will only charge a transaction fee of 1.5%. This will cover our operating costs first, and all additional income will be reinvested in the high-end whisky portfolio. All operational tasks (logistics, portfolio management, etc.) are performed by WHYTO- KEN GmbH.

1.5% is their so called tax Grin

1.5% on what sorry? As I understand it they just give you a token with zero risk so you can fill your own portfolio. Right?
Not only. Hardly ever they would do such because there is no economic sense. Main thing is transactions!  1,5% transaction fees: These fees apply to every wallet-to-wallet transaction.